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Tuesday, November 5, 2024

April 2019: Verona experienced a 14% drop in median home prices

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The median sale price of a home sold in April 2019 in Verona fell by $50,184 while total sales decreased by 13.9%, according to BlockShopper.com.

In April 2019, there were 31 homes sold, with a median sale price of $308,000 - a 14% decrease over the $358,184 median sale price for the same period of the previous year. There were 36 homes sold in Verona in April 2018.

The median sales tax in Verona for 2019 was $5,719. In 2018, the median sales tax was $5,547. This marks an increase of 3.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Verona to other Dane County cities with similar median sale prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Shorewood Hills82300%$657,500$1,072,500-38.7%
Maple Bluff34-25%$414,000$952,450-56.5%
Waunakee553177.4%$314,000$215,00046%
Windsor1837-51.4%$313,000$169,80084.3%
Cottage Grove12120%$311,500$247,50025.9%
Verona3136-13.9%$308,000$358,183.50-14%
Fitchburg67661.5%$297,500$280,5006.1%
Middleton50476.4%$286,200$310,200-7.7%
McFarland191526.7%$280,000$321,550-12.9%
Madison478491-2.6%$261,000$250,0004.4%
DeForest3233-3%$259,950$270,000-3.7%

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